eco1rig recessions, inflation and economic growth
RECESSIONS, INFLATION AND ECONOMIC GROWTH
ECO1RIG
2020
Credit points: 15
Subject outline
In Recessions, Inflation and Economic Growth, you will get to know the economy as a whole. You will apply simple models to better understand the driving forces of phenomena such as inflation, unemployment, economic growth, foreign debt, and the current account deficit; and discover about their effects on our prosperity and wellbeing. Importantly, you will explore the effectiveness and desirability of policymakers' responses to various economic situations via monetary and fiscal policy. For example, you will discuss whether and when should the central bank change the interest rate, whether the government should run surpluses or deficits, and many other real world relevant questions.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorJan Libich
Available to Study Abroad/Exchange StudentsYes
Subject year levelYear Level 1 - UG
Available as ElectiveNo
Learning ActivitiesN/A
Capstone subjectNo
Subject particulars
Subject rules
PrerequisitesN/A
Co-requisitesN/A
Incompatible subjectsECO1PPB OR ECO1IMA
Equivalent subjectsN/A
Quota Management StrategyN/A
Quota-conditions or rulesN/A
Special conditionsN/A
Minimum credit point requirementN/A
Assumed knowledgeN/A
Learning resources
Principles of Macroeconomics
Resource TypeBook
Resource RequirementPrescribed
AuthorStonecash, Libich, Gans, King, Byford and Mankiw
Year2018
Edition/Volume7th Edition
PublisherCengage
ISBNN/A
Chapter/article titleN/A
Chapter/issueN/A
URLN/A
Other descriptionN/A
Source locationN/A
Career Ready
Career-focusedNo
Work-based learningNo
Self sourced or Uni sourcedN/A
Entire subject or partial subjectN/A
Total hours/days requiredN/A
Location of WBL activity (region)N/A
WBL addtional requirementsN/A
Graduate capabilities & intended learning outcomes
Graduate Capabilities
Intended Learning Outcomes
Subject options
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Melbourne (Bundoora), 2020, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorJan Libich
Class requirements
LectureWeek: 31 - 43
One 2.00 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
TutorialWeek: 31 - 43
One 1.00 hour tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
Assessments
Assessment element | Category | Contribution | Hurdle | % | ILO* |
---|---|---|---|---|---|
Quizzes (in total 500 words equivalent) A series of quizzes. | N/A | N/A | No | 15 | SILO1, SILO2, SILO3, SILO4, SILO5 |
One 2-hour final examination (2,000 words equivalent) Held during examination period. | N/A | N/A | No | 50 | SILO1, SILO2, SILO3, SILO4, SILO5 |
Open-ended assessment (2,000 words equivalent in total) Ten (10) problem sets and tutorial participation, due throughout semester | N/A | N/A | No | 35 | SILO1, SILO2, SILO3, SILO4, SILO5 |